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Hwy20 Range Road 391, Red Deer County, AB T4S1T2

$3,640,000

Property Overview

  • Vacant Land Home Type
  • Vacant Land Building Type
  • 123.98 Acres Lot Size
  • NoneCommunity
  • 0 Beds
  • 0 Full Baths
  • 0 Half Baths
  • 0 Parking Space(s)
  • 0 Year Built
  • 158 days Days on Platform
  • E4479043 MLS® #
  • Zone 92 Land Use
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Description

SYLVAN LAKE DEVELOPMENT OPPORTUNITY! Prime 123-acre re-development parcel on Hwy 20 across from Jarvis Bay, minutes to Sylvan Lake, Lakewood Golf Resort and key amenities. Just 25 minutes to Red Deer and 90 minutes to Edmonton and Calgary, offering strong regional access. An Area Structure Plan supports a well-designed community with single family, duplex, higher density residential, social care and commercial components. Approximately 40% of lots offer lake views, 15% park side, 15% golf course views and 3% border wetlands, with some lots featuring multiple attributes. Zoning includes R-3 and DCD-25 with alignment to municipal plans. Red Deer County supports increased density and future annexation into Sylvan Lake. Concept planning indicates potential for 950+ units, creating an excellent phased development opportunity in a high-demand recreational market.

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Disclaimer: MLS® System Data made available from the REALTORS® Association of Edmonton. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data was last updated Friday, August 28, 2026, 4:03:23 PM UTC.